SnapCard hopes to convert San Francisco into the Crypto City by the Bay, as it brings two altcoins out of the closet and into plain sight with its massive 500 POS terminal giveaway, beginning next month.
The digital currency payment provider has decided to give 500 merchants in the San Francisco area the ability to accept Bitcoin and other cryptocurrencies at no cost. The company announced its promotional campaign today, which will give away free tablet-based point-of-sale (POS) systems to participating merchants throughout November.
SnapCard operations manager, Jack Jia, said today that the region’s longstanding association with digital currency startups makes it the perfect place for the ambitious project, stating:
“SnapCard is headquartered in San Francisco and with thousands of local ‘bitcoiners’ and millions of international visitors flocking into San Francisco, we feel that starting locally is the best first step for us as we embark on a campaign to increase international awareness of digital currencies.”
The Android-based terminals allow merchants to accept Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE). Once the terminals are installed in merchant locations, future software updates will allow merchants to expand the number of altcoins accepted.
Considering the city’s rich gold history, it’s only natural to expect the San Francisco natives to demand a Goldcoin (GLD) update to the terminals over the coming months.
San Francisco, officially the City and County of San Francisco, is the cultural center and a leading financial hub of the San Francisco Bay Area and Northern California. The California Gold Rush of 1849 brought rapid growth, making it the largest city on the West Coast at the time.
Which additional altcoins do you think will be the first flashed into SnapCard’s merchant terminal hardware? Log in below using your favorite social network to weigh in on the discussion.